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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Petz who wrote (120990)12/6/2000 9:01:21 PM
From: kash johal  Read Replies (1) of 186894
 
Petz,

re: Intel warning

Well I am not so sure.

Circuit City warned so slowdown not just in PC's.

Even Bank of America warned today. The car companies are also in trouble.

Just imagine the bloodbath if Cisco or MSFT have problems.

I just dont see how Cisco can keep growing at the rate they are.

I suspect the malaise is much bigger than just a PC segment.

Also Dan Niles was on ON24 on intel and PC market: VERY NEGATIVE.

Essentially: major demand problem. Inventory overhang into 2001. Likely bloodbath on prices just like 1997/ early 98.

Frankly, I am pretty concerned about overall market.

And lots of people i know are hurting big time.

regards,

Kash
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